Broad Oak Magazine

"Wall Street’s biggest banks squeezed out a victory this week when the House narrowly approved a spending bill with provisions that wo...

I listend to Radio 4's Any Questions? last Saturday and a question about bankers' bonuses reared its lovely head. And then the pund...

See Denninger .

"People want to kill somebody, but they don't know who to shoot at" ...

Cleaning up the trading rooms physically could be the way to amend the traders' behaviour ( htp: Overcoming Bias) People are unconscious...

I'm partway through a 1990s American TV programme (htp: Jesse) about the lead-up to, and aftermath of the Great Crash of 1929 . At that...

Jesse passes on this CNBC tidbit, which explains how ex-Goldman Sachs operatives embedded in the US regulatory systems gave GS $70 billion j...

Jesse explains succinctly how the financiers are deliberately wrecking and looting what's left of the economy. The money the government...

In Britain, there are 28.89 million employed - 72.5% of the "people of working age"; median earnings approach £25,000 . In China, ...

... Americans will thus pay for the TARP and low interest rate subsidies to their financial rulers with erosion in the purchasing power of t...

All these bankers and investment houses jumping up and down on the bed until (inevitably it seems, one day) the springs break... where do th...

The dethroning of the US dollar as the international trading currency is under way. New bonds issued by the International Monetary Fund in t...

Over at Financial Sense University, Jim Willie paints a frightening picture . He claims that the US Federal Reserve has been secretly giving...

A bright gleam has caught the helmets of our bankers. Goldman Sachs is set to pay an average £500,000 bonus to its London traders. This mode...

This Parliament has now lost all moral and political authority and ought, by rights, to dissolve itself. It is now not only the Government t...

(Big figure ) ( Little figure)

Paul Moore , former head of risk management at HBOS (which, by the way, has just cratered its new owner, Lloyds Bank), was sacked in 2005 by...

Press release from September: Transparency International’s global Corruption Perceptions Index (CPI) 2008 , launched today, shows a signific...

Jeremy Clarke's dragoman introduces a brilliant new system of classification: The Egyptian government is 100 per cent corrupt. In other ...

The South Sea Bubble ended in the imprisonment of the Chancellor of the Exchequer, John Aislabie: The South Sea Company had been built on h...